The following two mutually exclusive projects are being evaluated. The firm's required rate of return is 12%. Year Project A Cash Flow 0 1 2 -$48,000 15,000 15,000 15,000 15,000 15,000 Project B Cash Flow -$48,000 20,000 20,000 15,000 5,000 5,000 5,000 5,000 3 4 5 6 7 Which of the following statements best describes projects A and B? O Project B should be accepted because it has the highest EAA. O Project A should be accepted because it has the highest EAA. Neither project is acceptable, O Both projects should be accepted because they have positive NPVs and EAAs. O Project B should be accepted because it has the highest NPV